Over the years, gold has been a perfect hedge against inflation. Investors look at the yellow metal as an important investment. Gold prices differ from state to state. Here we bring you a city-wise rate description based on the latest gold price in India.
Gold prices in the Indian market experienced a growth of Rs 48080. In the global market, it stands for ($1816.7).
Also, the spot gold prices in the Indian market grew by a lesser rate of 0.02 per cent as compared to Global gold prices of 0.18 per cent.
Gold price in Chennai city for 22-carat gold stands at Rs 45,620 and 24-carat.
Gold prices continued their uptrend on Friday as compared to yesterday in the global market.
While gold price in Mumbai for 22-carat gold is Rs 47,080 and 24-carat stands at Rs 48,080.
Gold price in Delhi, 22-carat gold stands at Rs ₹47,060 while the 24-carat gold price is Rs 51,340.
Dollar to rupee conversion on Friday also increased to Rs 74.3 as compared to the previous close of Rs 74.2.